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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1159

    NDLEA Intercepts N16.1bn Opioids in Lagos

    News September 22, 2024

    The National Drug Law Enforcement Agency, NDLEA, has intercepted 25 million  pills of tapentadol, an opioid three times stronger than tramadol and

    Interbank Rates Dip as OMO, FGN Payments Ease Liquidity Pressure

    News September 22, 2024

    Money market rates dipped as liquidity balance in the financial system rose, ended at positive territory on Friday.  The surge, according to investment banking

    Naira Rises to N1,541 as FX Reserves Hit 2-Year High

    News September 22, 2024

    The Nigerian naira exchange rebounded against the US dollar, gained about N115 on each greenback traded in the official forex market.

    NGX Expands By N455bn as Investors Bet on Value Stocks

    News September 22, 2024

    Value hunters in the equities segment of the Nigerian Exchange or the stock market saw about N455 billion in gain due to strong buy side activities.

    Nigeria’s Foreign Currency Reserve Climbs to 2-Year High

    News September 22, 2024

    Nigeria’s gross external balance has increased to $37.394 billion, a level seen last in Oct 2022, official data obtained revealed. Nigeria’s FX reserves

    Hydrocarbon Revenue: Nigeria to Breach 2024 Budget Deficit – Report

    News September 22, 2024

    Nigerian government will likely ramp up more borrowings as uncertainties in the global commodities market saw crude oil price benchmark tank below

    Liquidity: Banks Borrow N2.8trn from CBN to Fund Operations

    News September 22, 2024

    Nigerian deposit money banks (DMBs) raised N2.8 trillion from the Central Bank of Nigeria (CBN) standing lending facility to close funding gap, investment

    Disinflation: CBN in No Mood to Cut, Extend Interest Rate –Analysts

    News September 22, 2024

    The Central Bank of Nigeria (CBN) will be in no mood to adjust the benchmark interest rate at the monetary policy committee (MPC) meeting holding

    EFCC Hands Over Recovered Monetary Asset to Spanish Ambassador

    News September 22, 2024

    Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), has handed over Five Thousand, One Hundred Euros proceeds of crime

    Petroleum Minister Pledges Partnership with NIPetE

    News September 22, 2024

    Sen. Heineken Lokpobiri, the Minister of State for Petroleum Resources, has pledged the ministry’s commitment to a strong partnership with the Nigerian

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    NGX Index Rebounds on Small-Cap Stocks Revival, Gains N208bn

    October 9, 2026

    Lagos Opens N200bn Bond for Subscription at 16.75%

    October 9, 2026

    Africa Digital Assets Pre-Launches Kenya, Namibia Tokens to Democratize Finance

    October 9, 2026

    XRP Breaches Safety Net as Ripple Deepens Wall Street Footprint

    October 9, 2026

    Fuel Discount Promo, not Restoration of Subsidy – NNPC Ltd. 

    October 9, 2026

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